Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
The U.S. Treasuries suffered during afternoon session Friday, ahead of the country’s personal consumption expenditure for the month of January, scheduled to be released today by 12:30GMT. Further, FOMC members Williams, Kaplan and Quarles are also scheduled to deliver their respective speeches later in the day.
The yield on the benchmark 10-year Treasury yield jumped nearly 3 basis points to 2.417 percent, the super-long 30-year bond yields surged 2-1/2 basis points to 2.836 percent and the yield on the short-term 2-year traded 3-1/2 basis points higher at 2.266 percent by 11:50GMT.
Today will bring data for personal spending in January – which seems unlikely to fully reverse the 0.5 percent m/m drop in December – along with the core PCE deflator for that month and personal income data for February, Daiwa Capital Markets reported.
New home sales data for February, the final results of the University of Michigan’s consumer survey for March and the Chicago PMI for March are also due.
Meanwhile, the S&P 500 Futures edged tad lower to 2,818.12 by 11:55GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 69.28 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
